Financial giants have made a conspicuous bearish move on Costco Wholesale. Our analysis of options history for Costco Wholesale COST revealed 12 unusual trades.
Delving into the details, we found 16% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $92,636, and 9 were calls, valued at $499,193.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $470.0 to $1000.0 for Costco Wholesale during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Costco Wholesale options trades today is 193.82 with a total volume of 300.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Costco Wholesale's big money trades within a strike price range of $470.0 to $1000.0 over the last 30 days.
Costco Wholesale Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COST | CALL | TRADE | NEUTRAL | 01/10/25 | $27.5 | $22.7 | $25.0 | $980.00 | $125.0K | 46 | 50 |
| COST | CALL | TRADE | BULLISH | 06/20/25 | $82.0 | $78.75 | $81.2 | $980.00 | $81.2K | 149 | 10 |
| COST | CALL | TRADE | NEUTRAL | 01/10/25 | $28.9 | $25.45 | $27.0 | $985.00 | $70.2K | 35 | 30 |
| COST | CALL | TRADE | NEUTRAL | 04/17/25 | $524.3 | $517.7 | $520.57 | $470.00 | $52.0K | 0 | 1 |
| COST | CALL | TRADE | BEARISH | 01/03/25 | $20.75 | $16.5 | $16.5 | $995.00 | $49.5K | 59 | 0 |
About Costco Wholesale
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
After a thorough review of the options trading surrounding Costco Wholesale, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Costco Wholesale
- With a volume of 266,089, the price of COST is down -0.89% at $984.0.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 79 days.
Professional Analyst Ratings for Costco Wholesale
In the last month, 5 experts released ratings on this stock with an average target price of $1023.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Costco Wholesale, targeting a price of $940. * An analyst from Morgan Stanley persists with their Overweight rating on Costco Wholesale, maintaining a target price of $1150. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Costco Wholesale, targeting a price of $950. * Reflecting concerns, an analyst from Oppenheimer lowers its rating to Outperform with a new price target of $1075. * An analyst from Telsey Advisory Group persists with their Outperform rating on Costco Wholesale, maintaining a target price of $1000.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Costco Wholesale with Benzinga Pro for real-time alerts.
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